NorthMarq Capital arranges $20 million refinancing for Montreal Courts Apartments located in Little Canada, Minnesota
Montreal Courts Apts
MINNEAPOLS (October 31, 2013) – Patrick S. Minea, senior vice president and managing director of NorthMarq’s Minneapolis based regional office, secured refinancing of $20 million for Montreal Courts Apartments. The conventional market rate apartments consist of a total of 444 units. Financing was arranged for the borrower through NorthMarq’s relationship with Freddie Mac.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
